Circuit breakers and fuses are automatic electronic components. It works as a protector from
overloaded electrical circuit by interrupting the continuity, or the flow of electricity. Circuit breakers
and fuses break the continuity in case of power overload or short circuit and safeguard electrical
equipments. Fuses are made up of metal wire that melts by overheating in case of power overload
and circuit breakers function through an internal switch mechanism that is tripped by precarious flow
of electricity. Circuit breakers and fuses are extensively used in various applications like construction
industry, automotive industry, consumer electronics and power industry among others.
The major driving factor for the global circuit breakers and fuses market is rapidly advancing
industrial and construction industry across the globe. Another key driving factor is raising demand for
energy consumption among the consumers in remote areas. Government initiatives and support has
provided strong boost to circuit breakers and fuses market in Asia Pacific and North America
regions. Advancement in technology to provide better energy installation and generation services
are expected to fuel the circuit breakers and fuses market over the forecast period. In addition, high
competition among the participants on cost of circuit and fuses is expected to hamper the growth of
circuit breakers and fuses market.
Browse the full "Global Circuit Breakers and Fuses Market Segment Forecasts up to 2020,
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